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Details - Information last confirmed on November 9, 2020
Great opportunity to own an established and reputable moving company that’s fully insured and licensed that has been serving the DC area for the past 10 years. The business has five trucks and specializes in residential and commercial moving, packing, and short-term storage. They handle all the different phases of relocation for clients with a focus on ensuring customer satisfaction from start to finish. The company also offers various related services like junk removal, cleaning, and labor only appointments.
The business has an excellent reputation in the DC area with reliable team of employees in place. Over the years, more than 35% of the annual business is driven by repeat and direct referral customers. Clients are able to customize their move according to their own needs and timeline. The business offers both local and long distance moving with trucks from 17’ to 26’ in size enabling them to capitalize on both large and small scale moves.
The owner and founder has grown the business to Philadelphia (through a partnership which is not for sale) and is now offering their flagship location in Kensington, MD for sale. This is a fantastic situation to own this business that is up and running with established staff and a versatile fleet with a strong profit margin. Sales have averaged $1.15M over the least 4 years with profits that are impressive and dependable. The future owner could be hands on and take over sales or operations to push revenues and increase profitability. The opportunity to grow the business is compelling with 3 Mid-Atlantic locations and the history and expertise of the other corporate locations. The owner is willing to stay on as a sales and operational consultant for up to 12 months to assist with the transition of the business. We don’t expect this opportunity to last long at this price, so contact us today to learn more!
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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.